Page 46 - Latest Updates on Reserve Bank of India
Rate cut alone not sufficient, economists tell RBI
Bank CEOs to meet for pre-policy talk on Monday
 "Rate cut alone not sufficient, economists tell RBI")
Banks must collaborate, not compete on technology front: RBI DG Rabi Sankar
He further stated that as technology, especially artificial intelligence (AI), rapidly advances, the banking sector must adapt
 "Banks must collaborate, not compete on technology front: RBI DG Rabi Sankar")
CBDC could be used for collection of micro-loans, says RBI official
India is among 36 countries where the CBDC is currently in the pilot stage
 "CBDC could be used for collection of micro-loans, says RBI official")
Forex reserves decline by $1.88 bn to $623.983 bn, shows RBI data
Earlier, the overall kitty declined by US$ 8.714 billion to US$ 625.871 billion in the week ended January 10, the Reserve Bank of India said
 "Forex reserves decline by $1.88 bn to $623.983 bn, shows RBI data")
RBI expected to transfer another bumper payout to govt, say analysts
The RBI makes an annual payout to the government from the surplus income it earns on investments and valuation changes on its dollar holdings
Religare's independent directors say Burmans' open offer price low
Shareholders must evaluate the offer carefully and also not the conditions RBI has set for it, they say
 "Religare's independent directors say Burmans' open offer price low")
RBI to conduct overnight VRR auction worth Rs 2 trillion on Friday
The liquidity deficit stood at Rs 2.87 trillion on Wednesday, according to the latest data from the RBI
 "RBI to conduct overnight VRR auction worth Rs 2 trillion on Friday")
Budget 2025-26: Five key focus areas to accelerate growth amid uncertainty
A push to manufacturing through these clusters will help us capitalise on the China-plus-one opportunity presented globally
 "Budget 2025-26: Five key focus areas to accelerate growth amid uncertainty")
Bank Holidays 2025: Are banks open or closed today, Jan 23, in your state?
January 23 bank holidays: Bank holidays in India vary by region. This Thursday, all public and private banking institutions will be closed in observance of Parakram Diwas and Vir Surendra Sai Jayanti
 "Bank Holidays 2025: Are banks open or closed today, Jan 23, in your state?")
NDA 3.0 must use political capital for structural reforms: D Subbarao
The Union Budget for 2025-26, to be presented by Finance Minister Nirmala Sitharaman on February 1, comes amid global economic uncertainties and moderating domestic growth
 "NDA 3.0 must use political capital for structural reforms: D Subbarao")
Fintech Skydo receives in-principle approval to operate as PA-CB entity
About 11 existing cross-border payment companies can operate as PA-CB with their applications under process, according to the RBI website
 "Fintech Skydo receives in-principle approval to operate as PA-CB entity")
No case for CRR cuts with liquidity deficit driven by transitory factors
Anticipating the current liquidity deficit, the RBI in its December policy proactively reduced the cash reserve ratio (CRR) of all banks in two equal tranches of 25 basis points
 "No case for CRR cuts with liquidity deficit driven by transitory factors")
Banks to ask RBI to delay liquidity rule set to take effect from April 1
The request will be made through the Confederation of Indian Industry, which will meet recently-appointed RBI Governor Sanjay Malhotra in the coming days, the people said
 "Banks to ask RBI to delay liquidity rule set to take effect from April 1")
RBI may turn to longer buy-sell swaps amid rising $ short positions
More changes likely in liquidity management framework
RBI to 'play it slow' on defending rupee, says Axis Bank CEO Chaudhry
The rupee has gone from being one of Asia's best-performing currencies to one of the region's biggest losers in a matter of weeks
 "RBI to 'play it slow' on defending rupee, says Axis Bank CEO Chaudhry")
BCRC seeks RBI nod for five-day week, looks to attract skilled workforce
"While our dedication remains unwavering, this continuous seven-day schedule is proving unsustainable in the long run," the BCRC said in its submission to the central bank
Higher bulk deposit reliance signals structural liquidity risks: RBI dy Guv
Outstanding Certificate of Deposit issuances highest since 2012
 "Higher bulk deposit reliance signals structural liquidity risks: RBI dy Guv")
New RBI rules mandate stricter oversight on ARC-borrower settlements
As per the new guidelines, every Asset Reconstruction Company must establish a Board-approved policy that governs the settlement of borrower dues
 "New RBI rules mandate stricter oversight on ARC-borrower settlements")
Budget 2025 needs to focus on capex, infra spending: RBI MPC member
The eminent economist noted that sustaining infrastructure expenditure and building it further would be very helpful
 "Budget 2025 needs to focus on capex, infra spending: RBI MPC member")
Outward remittances under LRS increase 3.6% in November: RBI data
In the September-November quarter of financial year 2025, Indians remitted $7.1 billion overseas, compared to $7.5 billion in the same period last year
 "Outward remittances under LRS increase 3.6% in November: RBI data")